Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2021

Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

oss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the year. All outstanding stock options are considered potential common stock. All outstanding convertible preferred stock are considered common stock at the beginning of the period or at the time of issuance, if later, pursuant to the if-converted method. The dilutive effect, if any, of stock options is calculated using the treasury stock method. As of June 30, 2021 and 2020, the average market prices for the years then ended are less than the exercise price of all the outstanding stock options and, therefore, the inclusion of the stock options would be anti-dilutive. In addition, since the effect of common stock equivalents is anti-dilutive with respect to losses, the convertible preferred stock has also been excluded from the Company’s computation of loss per common for the years ended June 30, 2021 and 2020. Therefore, basic and diluted loss per common share for the years ended June 30, 2021 and 2020 are the same.

	For the Years Ended June 30,
	2021		2020
Numerator:
Numerator for basic loss per share:
Net loss	$	(52,023)	$	(650,280)
Undeclared dividends on preferred stock	51,422		51,741
Net loss applicable to common shareholders	$	(103,445)	$	(702,021)
Net loss applicable to common shareholders	$	(103,445)	$	(702,021)
Undeclared dividends on preferred stock	—		—
Net loss	$	(103,445)	$	(702,021)
Denominator:
Denominator for basic loss per share - weighted average shares outstanding	7,415,329		7,415,329
Denominator for diluted loss per share - weighted average and assumed conversion	7,415,329		7,415,329
Net loss per share:
Basic net loss per share	$	(0.01)	$	(0.09)
Diluted net loss per share	$	(0.01)	$	(0.09)

The following table summarizes convertible preferred stock and securities that, if exercised would have an anti-dilutive effect

on earnings per share.

	For the Years Ended June 30,
	2021	2020
Stock options	157,000	157,000
Convertible preferred stock	5,460,873	5,118,060
Total potential dilutive securities not included in income per share	5,617,873	5,275,060

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	For the Years Ended June 30,
	2021		2020
Numerator:
Numerator for basic loss per share:
Net loss	$	(52,023)	$	(650,280)
Undeclared dividends on preferred stock	51,422		51,741
Net loss applicable to common shareholders	$	(103,445)	$	(702,021)
Net loss applicable to common shareholders	$	(103,445)	$	(702,021)
Undeclared dividends on preferred stock	—		—
Net loss	$	(103,445)	$	(702,021)
Denominator:
Denominator for basic loss per share - weighted average shares outstanding	7,415,329		7,415,329
Denominator for diluted loss per share - weighted average and assumed conversion	7,415,329		7,415,329
Net loss per share:
Basic net loss per share	$	(0.01)	$	(0.09)
Diluted net loss per share	$	(0.01)	$	(0.09)

The following table summarizes convertible preferred stock and securities that, if exercised would have an anti-dilutive effect

on earnings per share.

	For the Years Ended June 30,
	2021	2020
Stock options	157,000	157,000
Convertible preferred stock	5,460,873	5,118,060
Total potential dilutive securities not included in income per share	5,617,873	5,275,060

Deferred Revenue, by Arrangement, Disclosure [Table Text Block]

	Years ended June 30,
	2021		2020
Beginning of Year	$	516,000	$	427,000
Additions	772,000		1,052,000
Revenue Recognized	924,000		$	963,000
End of Year	$	364,000	$	516,000